Bahri Annual Report- 2018

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Annual Report 2018

Safety

Bahri Ship Management was established in 1996 to become the leading provider of technical and commercial ship management services for Bahri’s VLCCs, chemical tankers, product and bulk carriers, and roll-on/roll-off ships. The Company prioritizes safety, quality and environment protection in all

its ship management activities. In 2018, the Company managed to increase the number of ships under its technical management. Bahri Ship Management also carefully planned the docking and maintenance of ships to be completed within the shortest time possible without affecting quality or customer service.

Bahri takes pride in being at the forefront of the shipping sector in applying the highest level of safety standards that comply with best practices in the following fields: Safety Management System Foundations

• Management, leadership and accountability • Onboard functions monitoring • Maintenance of ships and critical equipment • Maritime safety • Transfer, braking and docking operations • Measurement, analysis and key performance indicators

Bahri Ship Management recorded key achievements that support the overall success of its business strategy over 2018 as outlined below: Business Results and Achievements • The Company was the best

to the Paris MoU Benchmark of 2.7. • Our fleet has undergone 34 inspections by the US Coast Guard (USCG) throughout the year with no negative observations. • The Company successfully joined an EU program to record and reduce its CO 2 emissions. passed the TMSA audit run by Saudi Aramco and Exxon. • The Company successfully

• The Company adopted the latest OCIMF VIQ7 global standards for oil companies related to quality safety management. • The Company trained 56 Saudi students from King Abdulaziz University and 12 from Saudi Aramco on board its fleet. • Hosted an international ship

performing company according to the Ship Inspection Report Programme (SIRE). The average number of observations was 2.33 per ship compared to the global rate of three. • The Company was the best performing company in terms of inspections carried out by the Port State Control (PSC), recording an average of 0.7 observations per ship compared

owners’ security forum to discuss common security concerns and share best practices.

Certificates and Awards

Bahri has been awarded in 2018 a number of certificates in the fields of shipping, safety and energy management, including:

Ship Manager of The Year award by the Maritime Standard (TMS) Awards.

International Safety Management (ISM) certificate via DNV-GL.

Completion of the ISO 50001 certification in the field of energy consumption.

ISO certificate for meeting new standards in quality management and environment protection.

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